This is on a weekly TF so allow for intraday volatility.
Based on structure a short for EURUSD seems in order.
Entry at 1.11725
Since a 0.618 level is at near the bottom of the structure, that would be my take profit at 1.08312
Will be looking for a good entry on the daily TF.
Based on structure a short for EURUSD seems in order.
Entry at 1.11725
Since a 0.618 level is at near the bottom of the structure, that would be my take profit at 1.08312
Will be looking for a good entry on the daily TF.